PPF 7800 index hits highest funding level since 2011

Victoria Tichá
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PPF 7800 index hits highest funding level since 2011

The combined defined benefit (DB) funding level increased to 97.7% at the end of September, according to the Pension Protection Fund's (PPF) latest update.

This was an increase of 1.6 percentage points from 96.1% at the end of August, and the highest level recorded since June 2011, when it was 98.2%. The combined DB deficit decreased by £26.6bn ove...

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